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661. K. Treppides & Co Ltd: Renewed European finance strategy and implementation of the action plan on financing sustainable growth

The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...

662. EY reports global revenues of US$40b in 2021 and outlines record US$10b investment plan over next three years

EY announces combined global revenues of US$40b for the financial year ended June 2021 (FY21), an increase of 7.3%, a solid result given the global economic impact caused by the COVID-19 pandemic. ...

663. Cyprus ranks 3rd in car ownership in the EU

Cyprus had the third highest number of cars per capita in the EU in 2019, according to data published by Eurostat....

664. Global CEO confidence returns to pre-pandemic levels

CEOs of the world’s largest businesses are increasingly optimistic about the outlook for their own business and despite the Delta variant slowing down the ‘return to normal’, their confidence in the global economy has returned to levels not seen since the start of the pandemic....

665. A decentralized federation, with flexibility

Marina Economidou interviews UK High Commissioner Stephen Lillie regarding the UK's proposed plan to the Cyprus solution....

666. Vaccination of children-adolescents: Answers to commonly asked questions

Here are the most commonly asked questions and answers about the COVID-19 vaccine provided by the National Vaccination Committee....

667. EY and IIF survey shows climate change top concern for banks

668. All eyes on oil spill response in Cyprus

Traces of last week’s oil spill from Syria that came close to the north-eastern tip of Cyprus have been spotted further south off the coast of Cape Greco, with officials on both sides of the divided island scrambling to manage the disaster...

669. Notorious cliff in Akamas claims another life

A man was killed and his daughter was seriously injured in an accident in Akamas on Sunday, after their buggy car flew off a cliff and ended up in the water...

670. EY: CEOs understand transformation cannot be put off following COVID-19 pandemic

More than two-thirds (68%) of CEO respondents from the world’s largest companies say that they plan to take on a major investment in data and technology over the next 12 months, while 61% plan to undertake a major transformation initiative over the same period, according to the global EY CEO Imperative Study 2021. ...

671. A silent pandemic requiring global action now

If policymakers fail to address the challenge of antimicrobial resistance they risk seeing the rise of a silent pandemic, write Stella Kyriakides and Dr Tedros Adhanom Ghebreyesus...

672. Larnaca seafront’s last oil tank gone

A video showing the removal of the last oil tank from Larnaca’s seafront was posted online Tuesday, revealing an unobstructed view of the ancient town’s blue waters after years of local and national efforts...

673. Dead shark spotted in Paphos

A dead shark possibly belonging to an endangered species was spotted on a beach along Cyprus’ western coast, with online users wondering whether the warm-blooded fish was killed or washed up dead...

674. IMF: Withdrawal of support measures should be gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....

675. Cyprus Mines insolvency deal under scrutiny in US

Cyprus Mines Corporation which filed for bankruptcy in the United States following hundreds of asbestos lawsuits has rejected accusations that a committee representing claimants was acting in bad faith, but lawyers representing victims are calling on a judge to rework a deal under intense scrutiny...

676. Cyprus to assume first Presidency term of EMGF

Cyprus will assume its first official Presidency term of the Eastern Mediterranean Gas Forum (EMGF) starting on January 2022, participants at the fourth EMGF ministerial meeting decided on Tuesday....

677. Borrell: Cyprob solution must come from Cypriots

"The European Union fully supports the resumption of a settlement process under UN auspices, as soon as possible," and stands ready to provide whatever assistance both parties and the UN would find most useful, the EU’s Foreign Policy chief Josep Borrell said Thursday....

678. The hidden world of soil and why we need to protect it

In the wake of the climate crisis over the last decades, we all talk about the state of the air we breathe and the quality of our water; both undoubtedly invaluable and essential to all life forms. However, we very often forget another key player; the part of Earth right under our feet, the soil....

679. KPMG unveils Impact Plan: shares progress against newly created Stakeholder Capitalism Metrics

KPMG has recently published its first global environmental, social and governance (ESG) plan. KPMG Impact Plan brings together new and existing ESG commitments under one umbrella, focusing on four important categories: Planet, People, Prosperity and Governance...

680. The key to a successful investment lies in… behaviour?

681. Cabinet agrees on plastic bag ban at sales points

The Cabinet on Tuesday agreed on a blanket ban on thin plastic bags at points of sale, with the decision to come into force once passed by the House plenum....

682. Cyprus parliament approves legislation for social enterprises

Parliament on Thursday passed into law a bill allowing social enterprises to be set up in the Republic of Cyprus....

683. GLOBAL OPEN DEBATE by THEATRUM VITAE

If you are concerned about the existence of the arts in tomorrow’s turbulent world, then you should join this lively debate, where experts from a wide range of creative industries across the globe will be providing their expertise and sharing their own views about the future of the arts in the post-pandemic world...

684. ‘No going back’ on Varosha decision

Over 200 Varosha property owners are seeking to return to the divided island’s most popular ghost town, with Turkish Cypriots appearing ready to address Greek Cypriot grievances with or without a solution to the Cyprus problem, adding there is “no going back” on the plan to open the abandoned city...

685. EAC crucial to Cyprus' energy reform, energy minister says

The role of the Electricity Authority Cyprus is crucial to both the implementation of the energy reform in Cyprus and the joint effort for sustainable economic development, which must now be interconnected with green energy, energy minister Natasa Pilides said, addressing an online press conference during which the EAC presented its annual report for 2019. ...

686. KPMG says it will be net zero carbon by 2030

KPMG announced its intention to become a net-zero carbon organisation by 2030, as part of its continued focus on delivering growth in a sustainable way and providing climate solutions for member firms, clients and society...

687. Lidl Cyprus celebrates 10th anniversary

A press conference dedicated to the 10th anniversary of its operation was carried out by Lidl Cyprus on Tuesday, November 10, in a virtual environment and in the presence of institutions and representatives of the media...

688. Cyprus 2021 defence budget up by €70 million

The six pillars of the defence ministry’s strategic aims in defence and security matters were presented before the parliamentary finance committee by defence minister Charalambos Petrides on Monday, in the context of his ministry’s budget for 2021....

689. Over 200,000 tonnes of plastic leaking into the Mediterranean each year

A new IUCN (International Union for Conservation of Nature) report finds that an estimated 229,000 tonnes of plastic is leaking into the Mediterranean Sea every year, equivalent to over 500 shipping containers each day. Unless significant measures are taken to address mismanaged waste, the main source of the leakage, this will at least double by 2040. ...

690. PwC’s city resilience framework